Binance spot trading halted due to issue on trailing stop orders

2 years ago

Binance announced that spot trading connected the level experienced an issue, and the crypto speech is moving connected resolving the problem.

302 Total views

1 Total shares

Binance spot   trading halted owed  to contented   connected  trailing halt  orders

Own this portion of past

Collect this nonfiction arsenic an NFT

Crypto speech Binance has encountered large issues with spot trading connected the platform.

On March 24, Binance suspended each spot trading transactions, according to an announcement by Binance’s authoritative Twitter account.

“We are alert of an contented impacting spot trading connected Binance. All spot trading is presently temporarily suspended arsenic we enactment to resoluteness this arsenic soon arsenic possible,” Binance wrote.

Binance CEO Changpeng Zhao subsequently took to Twitter to study that the archetypal investigation indicated bug issues with the matching engine.

“Deposits and withdrawals are paused arsenic a modular operating procedure. Funds are #SAFU,” CZ wrote.

Initial investigation indicates matching motor encountered a bug connected a trailing halt bid (a weird one). Recovering. Est 30-120 min ish. Waiting for much precise ETA.

Deposits & withdrawals are paused arsenic a SOP (standard operating procedure). Funds are #SAFU. https://t.co/mvtGQ3JlMA

— CZ Binance (@cz_binance) March 24, 2023

This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.

View source